Galicia Financial Group
GGAL
60 hedge funds and large institutions have $197M invested in Galicia Financial Group in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 9 closing their positions.
140% more call options, than puts
Call options by funds: $38.6M | Put options by funds: $16.1M
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
38% more capital invested
Capital invested by funds: $143M → $197M (+$53.8M)
11% more funds holding
Funds holding: 54 → 60 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.13% less ownership
Funds ownership: 1.09% → 0.96% (-0.13%)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.59M |
| 2 |
Jane Street
New York
|
+$2.59M |
| 3 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$2.56M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.18M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$16.6M |
| 2 |
II
INCA Investments
Miami,
Florida
|
-$7.34M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.57M |
| 4 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$3.57M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$2.84M |
GGAL Hedge Fund Activity: Q2 2023 in Review
60 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q2 2023, worth a combined $197M — up 38% from $143M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GGAL positions and 9 closed out — a net gain of 6 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $6.59M. The largest seller was Discovery Capital Management, cutting an estimated $16.6M.
- 60 institutional investors held Galicia Financial Group (GGAL) as of Q2 2023, up from 54 in Q1 2023.
- Funds reported $197M of Galicia Financial Group stock for Q2 2023, up 38% quarter-over-quarter.
- 15 funds opened new Galicia Financial Group positions in Q2 2023 and 9 closed out, a net change of +6 holders.
- The largest Galicia Financial Group buyer in Q2 2023 was Susquehanna International Group, an estimated $6.59M added.
- The largest Galicia Financial Group seller in Q2 2023 was Discovery Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2023.